Sandfire Resources America Inc. (OTCMKTS:SRAFF – Get Free Report) was the target of a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 4,795 shares, a growth of 318.4% from the February 12th total of 1,146 shares. Based on an average trading volume of 29,653 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 29,653 shares, the days-to-cover ratio is presently 0.2 days.
Sandfire Resources America Stock Down 0.6%
Sandfire Resources America stock opened at $0.22 on Wednesday. The company has a 50 day moving average price of $0.24 and a 200 day moving average price of $0.22. Sandfire Resources America has a 52 week low of $0.17 and a 52 week high of $0.32.
About Sandfire Resources America
Sandfire Resources America Corp. (OTCMKTS:SRAFF) operates as the American depositary receipt issuer for Sandfire Resources Ltd., an Australian-based, independent copper and gold producer. Through its ADR program, the company holds and administers ordinary shares of its parent, enabling U.S. investors to participate in the underlying performance of Sandfire Resources Ltd. without direct exposure to foreign securities markets.
The underlying parent company was founded in 2003 and has since developed a portfolio of copper and gold operations and exploration projects across multiple continents.
Featured Stories
- Five stocks we like better than Sandfire Resources America
- The gold chart Wall Street is terrified of…
- What a Former CIA Agent Knows About the Coming Collapse
- Elon Musk already made me a “wealthy man”
- Unlocked: Elon Musk’s Next Big IPO
- 1,500 Banks Just Handed the Fed Your Bank Account
Receive News & Ratings for Sandfire Resources America Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sandfire Resources America and related companies with MarketBeat.com's FREE daily email newsletter.
